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Global polyester production climbs while cotton declines and viscose holds steady

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Nazia BIBI KEENOO

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September 22, 2025

Textile Exchange‘s annual report indicates that global fibre production is expected to remain on an upward trajectory in 2024, with synthetic fibres steadily widening the gap with natural materials, while cellulosic (wood-pulp-based) fibres are expected to hold steady. The share of recycled fibres has not increased either, except in the wool market.

Textile Exchange

In 2024, the volume of fibre produced worldwide rose by 6.5% to 132 million tonnes. Synthetic fibres accounted for 69% of this total, up nine points on the 2020 level, with polyester alone accounting for 59%.

Having already reached a 57% share in 2023, polyester continued to gain ground, reaching a total of 78 million tonnes in 2024. Production of recycled polyester increased from 8.9 to 9.3 million tonnes. Polyamide (nylon), the second most-produced synthetic fibre, accounts for just 5% of global fibre production.

Whereas cotton accounted for 20% of fibre production in 2023, it fell to 19% in 2024, with 24.1 million tonnes of virgin cotton. Textile Exchange notes, however, that 34% of cotton produced is now certified to sustainability standards, compared with 28% the previous year. The share of recycled cotton remains stable at 1%, at 300,000 tonnes.

Textile Exchange

Other plant-based fibres account for 6.9 million tonnes of production. This market is dominated by jute (54%), followed by cotton fibre (26%), flax (5%), and hemp (5%). These two bast fibres, flax and hemp, thus account for 0.3% and 0.2%, respectively, of global fibre production.

Cellulosics, the third major fibre family (obtained through the chemical transformation of plant-based raw materials), maintained their market share, with viscose, acetate, lyocell, modal and cupro accounting for 6% of global fibre production, at 8.4 million tonnes (+6.4%). However, over the past year, the market share of recycled cellulosics has increased, rising from 0.7% to 1.1%, or 90,000 tonnes.

Nearly 70% of this sector’s production is now covered by the FSC (Forest Stewardship Council) and PEFC (Programme for the Endorsement of Forest Certification) forest certification programmes.

Animal fibres still account for only 1% of global fibre production, of which wool captures 0.9%, with 1.98 million tonnes of virgin wool. Within this market, the share of recycled wool has risen from 6% to 7%, with 83,000 tonnes. Cashmere (0.02%), mohair (0.004%) and alpaca (0.005%) have maintained their market shares in global fibre production.

Textile Exchange

Still within animal-derived materials, global down production rose from 626,000 to 659,000 tonnes, with ducks accounting for nearly 90%. The share of recycled down in this market is only 1%.

Although it is not a fibre, Textile Exchange does not overlook leather. Around 13.8 million tonnes were produced last year, from approximately 1.6 million animals. Global production last year comprised 9.4 million tonnes of sheep skins and 2.2 million tonnes of sheepskins. These figures are in addition to 11.5 million tonnes of goat skins and 800,000 tonnes of buffalo skins.

Textile Exchange

Excluding fibres, the report estimates global rubber production at 15 million tonnes in 2024. The share of production carried out under the FSC and PEFC forest certification programmes rose over the year from 2.9% to 3.2%.

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Prada to launch $930 ‘Made in India’ sandals after backlash

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Reuters

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December 11, 2025

Prada will make a limited-edition collection of sandals in India inspired by the country’s traditional footwear, selling each pair at around 800 euros ($930), Prada senior executive Lorenzo Bertelli told Reuters, turning a backlash over cultural appropriation into a collaboration with Indian artisans.

Kolhapuri chappals on Prada’s runway – ©Launchmetrics/spotlight

The Italian luxury group plans to make 2,000 pairs of the sandals in the regions of Maharashtra and Karnataka under a deal with two state-backed bodies, blending local Indian craftsmanship with Italian technology and ⁠know-how.

“We’ll mix the original manufacturer’s standard capabilities with our manufacturing techniques,” Bertelli, who is chief marketing officer and head of corporate social responsibility, told Reuters in an interview. The collection will go on sale in February 2026 across ⁠40 Prada stores worldwide and online, the company said. Prada faced criticism six months ago after showing sandals resembling 12th-century Indian footwear, known as Kolhapuri chappals, at a Milan show. Photos went viral, prompting outrage from Indian artisans and politicians. Prada later admitted its design drew from ancient Indian styles and began talks with artisan groups for collaboration.

It has now signed an ‍agreement with Sant ‌Rohidas Leather Industries and Charmakar Development Corporation (LIDCOM) and Dr Babu Jagjivan Ram Leather Industries Development Corporation (LIDKAR), which promote India’s leather heritage.
“We want ⁠to be a multiplier of awareness for these chappals,” ‌said Bertelli, who is the eldest son of Prada founders Miuccia Prada and Patrizio Bertelli.

A three-year partnership, whose details ‌are still being finalised, will be set up to train local artisans. The initiative will include training programmes in India and opportunities to spend short periods at Prada’s Academy in Italy.

Chappals originated in Maharashtra and Karnataka and are handcrafted by people from marginalised communities. Artisans hope the collaboration will raise incomes, attract younger generations to the trade and preserve heritage threatened by cheap imitations and declining demand.

“Once Prada endorses this craft ‍as a luxury product, definitely the domino effect will work and result in increasing demand for the craft,” said Prerna Deshbhratar, LIDCOM managing director.
Bertelli said the project and training programme would cost “several million euros”, adding that artisans would be fairly remunerated.

Bertelli said Prada, which opened ⁠its ​first beauty store in Delhi this year, has no plans for new retail clothing shops next year or ⁠factories in India. “We ​have not planned yet any store openings in India, but it’s something that we are strongly taking into consideration,” he said, adding that this could come in three to five years.

The luxury goods market in India was valued at around $7 billion in 2024 and is expected ​to reach about $30 billion by 2030, according to Deloitte, as economic growth accelerates to 7% this year and disposable income among the middle and upper classes rises. The market, however, is dwarfed by China, which generated about 350 ⁠billion yuan ($49.56 billion) in value in 2024, according to Bain.

Most global brands have ⁠entered India through partnerships with large conglomerates like Mukesh Ambani’s Reliance group and Kumar Mangalam Birla’s Aditya Birla Group. Bertelli said that Prada would prefer to enter the country on its own, even if it took longer, describing India as “the real potential new market.”

© Thomson Reuters 2025 All rights reserved.



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Save Your Wardrobe, Fairly Made link-up to help brands meet next-gen eco requirements

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December 11, 2025

London-based Save Your Wardrobe (SYW) and France’s Fairly Made are joining forces to deliver what they say will be “Europe’s most advanced end-to-end circularity infrastructure”.

Save Your Wardrobe

SYW operates an AI-powered wardrobe management app while Fairly Made has developed a solution for measuring the environmental impact of products. Now they’ve announced a “strategic partnership designed to help brands meet Europe’s next generation of sustainability expectations”.

They said that “as new regulations reshape how products are designed, managed, and cared for- from eco-design and digital product passports to France’s Bonus Réparation and evolving EPR requirements, brands need a connected view of impact across the full lifecycle. This partnership brings together two complementary strengths that enable exactly that”.

As part of the link-up, SYW “plans to deliver the infrastructure powering aftersales excellence, including diagnostics, repairability scoring, automation, and nationwide repair operations”. Meanwhile, Fairly Made will support this with “upstream capabilities across supply-chain traceability, multi-criteria impact measurement, and digital product passport readiness”.

The plan is that they will offer enterprise brands a “360° circularity solution that supports eco-design, compliance, and measurable lifecycle extension”. 

They said their goal is to help brands “move toward a future where circularity is not an ambition, but a connected, measurable, and scalable reality”.

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TPG is said to consider stake sale or IPO for jeweler APM Monaco

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Bloomberg

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December 11, 2025

Private equity firm TPG Inc. is considering options for APM Monaco, including a possible stake sale or an initial public offering of the jeweler, according to people familiar with the matter.

APM Monaco

TPG is working with an adviser and may start a dual-track process early next year, the people said, asking not to be identified discussing private information. The US investment firm is aiming to fetch a valuation of at least $2 billion for the company in a deal, one of the people said.

Deliberations are preliminary and TPG might decide to keep the asset for longer, the people added.

A representative for TPG declined to comment.

A TPG-led consortium acquired a 30% stake in APM Monaco in 2019, and in 2021 documents were submitted for a Hong Kong IPO that never materialized. The following year, the group started sounding out potential interest in its stake, Bloomberg News reported, though TPG said at the time it didn’t plan to sell. 

European private equity firm Trail and China Synergy, an investment firm backed by TPG and China international Capital Corp., were also part of the investor group that bought the stake in APM Monaco six years ago.

TPG had $286 billion in assets under management as of the end of September. The US buyout firm invested in APM Monaco through its Asia-focused private equity platform. 

APM operates about 500 jewelry stores globally, according to its website.



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